I like ethereum so much but this fact is really killing me. I dont know but the only thing I dont like about them is this crazy high fee. What happened on the improvement on scalability? If this continue people will realize to transfer to another smart contract network that has more efficient and has low fee. By any means, anybody know a good network with low fee but very fast and secure to transfer tokens. Im betting trx is on the line and eos. But I dont like eos ram style.
Im thinking to jump on klay network and even this new project avalanche. Any thoughts about these two?
Topic: ETH Gas transactions price is about to hit 300 - page 9. (Read 1101 times)
yes ethereum gas fees are crazy now. sooner or later it may exceed bitcoin fees. if there is no solution to this, there will probably be many people who will start doing the same things as they used to. they will switch to coins that have a lower fee.
I'm a little disappointed because currently Ethereum is on the rise, but their transaction fees has risen very high.
I'm a little disappointed because currently Ethereum is on the rise, but their transaction fees has risen very high.
I'm also surprised it is Ethereum's biggest attraction until this happens many made a switch from Bitcoin to Eth because of much lower fees but now people will look on other coins for options if this does not fix that will be one of the drawback of using Ethereum now.
yes ethereum gas fees are crazy now. sooner or later it may exceed bitcoin fees. if there is no solution to this, there will probably be many people who will start doing the same things as they used to. they will switch to coins that have a lower fee.
I'm a little disappointed because currently Ethereum is on the rise, but their transaction fees has risen very high.
I'm a little disappointed because currently Ethereum is on the rise, but their transaction fees has risen very high.
dont you think we are on same situations as 2017-2018 when the gas for eth is high people start move to litecoin & dogecoin which have small fee and the both coin getting very pump.
I've delayed two of my past transactions because sometimes fee is much higher than Bitcoin but it's not always the case and not all the times there are just times that Ethereum fee is very higher I would not not send my $10 for a $1.70 fee I would just wait for some hours for it to settle down.
i use myetherwallet today to send some token
my fee is almost $8 so i try to use around $2 at first and it failed then i try $3
what i didn't realize is when the transaction failed the fee you use for gas will also be loss in the end i use $13 with one transaction
if the fee continue to rise many user will try to look for alternative
its not really good idea to use ethereum right now when the fee is high
that's why i said that im very shocked when im trying to send small amount of ETH but the fee is already exceeds the transactions value, the GWEI price its already hitting 300, most of user who use ethereum daily because of thier speed and fee is cheap a few month ago, i think they will definietly move to other altcoin like doge,trx,lite that having cheap and fast transactions compare with ethereum current situations.
The current gas fee is ridiculous, paying about $10 for a transaction is just way overboard. This needs a resolution asap else Ethereum will start losing investors
nah, they will not lose investor but on the other hand, if you can see when ico is very trend on 2017 - 2018 , ethereum is very necessary to buy because most of those tokens are on ethreum chain and they Ethereum to send the token to investor, now the same thing happened in the DeFi era where everyone need ethereum to buy tokens at uniswap, I expect the price of ethereum to remain rising, perhaps ethereum will exceed the previous ATH.
i know its sound crazy but its really happend to ETH when i try to send my 0.01 eth to gambling website, im getting shock when see the ethereum gas price is about hitting 300 , currently if you want to get confirmed faster with ETH chain, you need to use 275 GWEI for your transactions is getting confirmated in 2 minute, tell me what are you gonna do with your ETH if you hold some, are you gonna sell and move to other altcoin like in 2017 when smartcontract are very popular with the kitty on ethereum chain?.
dont you think we are on same situations as 2017-2018 when the gas for eth is high people start move to litecoin & dogecoin which have small fee and the both coin getting very pump.
i use myetherwallet today to send some token dont you think we are on same situations as 2017-2018 when the gas for eth is high people start move to litecoin & dogecoin which have small fee and the both coin getting very pump.
my fee is almost $8 so i try to use around $2 at first and it failed then i try $3
what i didn't realize is when the transaction failed the fee you use for gas will also be loss in the end i use $13 with one transaction
if the fee continue to rise many user will try to look for alternative
its not really good idea to use ethereum right now when the fee is high
Well, there are various conclusions to this reason why the gas fee of Ethereum is quite high. There is a rumor that the reason is due to the Defi app that could lead to the Ethereum network congestion, --once the network was congested, the fee will be affected and the gas will increase that we think this is new for Ethereum and the miners are not capable to cover those loaded network. Perhaps this was the new ATH of Ethereum in volume 2.0, there is a huge fee just like bitcoin.
The current gas fee is ridiculous, paying about $10 for a transaction is just way overboard. This needs a resolution asap else Ethereum will start losing investors
You are absolutely right. Due to a very high gas price, my few transactions are on hold at the moment. I am thinking to stay with ETH and move on once the gas price is lowered. But as you said, investments can move to other coins due to such high transaction fees by ETH.
i know its sound crazy but its really happend to ETH when i try to send my 0.01 eth to gambling website, im getting shock when see the ethereum gas price is about hitting 300 , currently if you want to get confirmed faster with ETH chain, you need to use 275 GWEI for your transactions is getting confirmated in 2 minute, tell me what are you gonna do with your ETH if you hold some, are you gonna sell and move to other altcoin like in 2017 when smartcontract are very popular with the kitty on ethereum chain?.
dont you think we are on same situations as 2017-2018 when the gas for eth is high people start move to litecoin & dogecoin which have small fee and the both coin getting very pump.
dont you think we are on same situations as 2017-2018 when the gas for eth is high people start move to litecoin & dogecoin which have small fee and the both coin getting very pump.
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